Vipshop’s net revenue in the third quarter was 20.7 billion, and the number of SVIP active users increased by 11%
Vipshop’s net revenue On November 19, online brand discount retailer Vipshop releas its third-quarter 2024 financial report.
According to the financial report, Vipshop achiev a net revenue of 20.7 billion yuan in the third quarter, a year-on-year decrease of 9.2%; Non-GAAP (non-GAAP) net profit was 1.3 billion yuan, compar with 1.8 billion yuan in the same period last year. At the same time, GMV in the third quarter was 40.1 billion yuan , a year-on-year decrease of 5.6%; the number of super VIP (SVIP) active users increas by 11% year-on-year.
At the same time, in the third quarter of this year
Vipshop actively promot stock repurchases vp maintenance mailing lead and continu to return to shareholders, investing a total of US$275 Vipshop’s net revenue million in stock repurchases. According to its announcement in the second quarter, Vipshop will have a new US$1 billion repurchase plan that will be launch after the existing repurchase project is complet.
In the third quarter of this year
The overall performance of Vipshop’s core how to create strong page titles that will boost seo columns Super Brand Day and Super Category Day increas by 19% year-on-year, and the performance of the autumn and winter trend category increas by double digits year-on-year. The newly launch promotional columns “Limit Time Crazy Seconds” and “Everyday Low Prices” bring together the most cost-effective products on the platform, and the column performance has maintain rapid growth. In addition, in the third quarter, Vipshop deepen its autumn and winter customization cooperation with many brands to further increase the richness of its products.
In terms of core users
Vipshop continues to strengthen Vipshop’s net revenue the value perception mobile lead of members. In addition to adding new member joint rights and enriching limit -time life privileges, Vipshop provides more SVIP users with exclusive value-add experiences by carrying out private sales activities online and offline, and increasing the number of international big brands and luxury goods activities. In the third quarter of this year, SVIP active users contribut 49% of online consumption.